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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
OPERATING ACTIVITIES    
Net Income Including Noncontrolling Interest $ 25.7 $ 5.2
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation 8.3 8.1
Amortization of Intangible Assets 5.3 5.0
Deferred Income Taxes (1.5) (2.5)
Share-Based Compensation Expense 3.1 2.8
Allowance for Doubtful Accounts and Returns 0.6 0.1
Gain on Sale of Business (9.8) 0.0
Other, Net 1.4 0.7
Changes in Operating Assets and Liabilities:    
Receivables, Net (0.7) 15.9
Inventories (18.3) (11.6)
Accounts Payable 3.2 4.3
Employee Compensation and Benefits (5.7) (20.8)
Other Current Liabilities 5.6 2.6
Other Assets and Liabilities 1.2 (1.1)
Net Cash Provided by Operating Activities 18.4 8.7
INVESTING ACTIVITIES    
Purchases of Property, Plant and Equipment (4.8) (12.4)
Proceeds from Disposals of Property, Plant and Equipment 0.0 0.1
Proceeds from Sale of Business, Net of Cash Divested 24.7 0.0
Purchase of Intangible Assets (0.1) (0.1)
Net Cash Provided by (Used in) Investing Activities 19.8 (12.4)
FINANCING ACTIVITIES    
Proceeds from Borrowings 0.0 125.0
Repayments of Debt (0.2) (0.3)
Contingent Consideration Payment (0.5) 0.0
Change in Finance Lease Obligations 0.0 (0.1)
Proceeds from Issuance of Common Stock 3.1 2.4
Dividends Paid (4.2) (4.0)
Net Cash (Used in) Provided by Financing Activities (1.8) 123.0
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash (2.2) (1.8)
Net Increase in Cash, Cash Equivalents and Restricted Cash 34.2 117.5
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 141.0 74.6
Cash, Cash Equivalents and Restricted Cash at End of Period 175.2 192.1
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash Paid for Income Taxes 1.2 0.9
Cash Paid for Interest 0.3 0.2
Operating Cash Flows from Operating Leases 5.1 5.2
Lease Assets Obtained in Exchange for New Operating Lease Liabilities 4.3 2.4
Supplemental Non-cash Investing and Financing Activities:    
Capital Expenditures in Accounts Payable $ 1.3 $ 0.7